Shares of Ariana Resources plc (LON:AAU – Get Free Report) fell 21.3% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.38 ($0.02). 3,803,881 shares were traded during mid-day trading, an increase of 96% from the average session volume of 1,941,360 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Trading Down 17.7 %
The stock has a market capitalization of £27.75 million, a P/E ratio of 53,333.33 and a beta of 0.65. The company has a fifty day simple moving average of GBX 1.84 and a two-hundred day simple moving average of GBX 2.07.
About Ariana Resources
Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey. The company explores for gold, nickel, cobalt, uranium, zinc, silver, copper, and molybdenum deposits. Its projects include the Kiziltepe Gold-Silver mine and Tavsan gold project located in western Turkey; and Salinbas gold project located in north-eastern Turkey.
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